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News Admin
 
Date
 09/10/2001
News Provider
 Mahamad Rodzi Abdul Ghani
News Source
 NULL
Headline
 India's supply of vegetable oil to trim import nee

India Business Insight ,09/24/2001 - The edible oil production in thecountry during fiscal 2001-2002 is estimated at 8.21 million tonnes (7.16million tonnes during fiscal 2000-2001).Consequently, India's edible oil imports would fall to 5.15 million tonnesduring the year ending Oct 2002 from 5.5 million tonnes in the year endedOct 2001.The industry estimates India's winter-harvest oilseeds production to riseto 17 million tonnes in fiscal 2001-2002 from 15.8 million tonnes infiscal 2000-2001. Palm oil imports would be 3.15 million tonnes (3.64million tonnes). Import of soy oil, however, is likely to increase to 1.6million tonnes from 1.37 million tonnes.


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